Penske Automotive Group, Inc.

Equities

PAG

US70959W1036

Auto Vehicles, Parts & Service Retailers

Real-time Estimate Cboe BZX Other stock markets 10:16:29 2024-05-16 am EDT			5-day change	1st Jan Change
159.4 ^USD	-0.39%		+1.98%	-0.83%

May. 09	Penske Automotive Raises Quarterly Dividend by 10% to $0.96 per Share, Payable June 4 to Shareholders of Record May 20	MT
May. 09	Penske Automotive Group Increases Dividend by 10%, Payable June 4, 2024	CI

Penske Automotive Group, Inc. : Continuation of the bullish trend

February 12, 2013 at 10:23 am EST
By

BUY

Live

Entry price	Target	Stop-loss	Potential
$32.31	$0	$30.5	-100%

Penske Automotive Group is trading in a bullish trend and several elements argue for the continuation of this trend.

From a technical viewpoint, the security is trading in a bullish trend in the short and the long term. Increasing moving averages let think there will be no reversal in the coming trading sessions. This growth should help to break the USD 33.6 resistance.

It seems opportune to take a long position above the USD 33.6 in closing price. If the stock crosses it, a new target price will be set at USD 38. A stop loss will be placed at USD 30.5.

Latest news about Penske Automotive Group, Inc.

Penske Automotive Raises Quarterly Dividend by 10% to $0.96 per Share, Payable June 4 to Shareholders of Record May 20	May. 09	MT
Penske Automotive Group Increases Dividend by 10%, Payable June 4, 2024	May. 09	CI
Tranche Update on Penske Automotive Group, Inc.'s Equity Buyback Plan announced on February 19, 2010.	Apr. 30	CI
Transcript : Penske Automotive Group, Inc., Q1 2024 Earnings Call, Apr 30, 2024	Apr. 30
Penske Automotive's Shares Drop After Lower Q1 Income	Apr. 30	MT
Earnings Flash (PAG) PENSKE AUTOMOTIVE GROUP Reports Q1 Revenue $7.45B, vs. Street Est of $7.48B	Apr. 30	MT
Penske Automotive Group, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 30	CI
North American Morning Briefing : More Earnings -2-	Apr. 30	DJ
BofA Securities Raises Price Target on Penske Automotive to $180 From $175, Maintains Buy Rating	Apr. 10	MT
Sector Update: Consumer Stocks Advance Premarket Tuesday	Apr. 09	MT
Penske Automotive Group to Expand Retail Automotive Operations Into Australia	Apr. 08	MT
Penske Automotive Group, Inc. to Expand Retail Automotive Presence into Australia	Apr. 08	CI
Penske Automotive Group, Inc. entered into an agreement to acquire Two Porsche Dealerships and One Ducati Dealership in Melbourne.	Apr. 07	CI
Morgan Stanley Raises Penske Automotive's Price Target to $115 From $107, Maintains Underweight Rating	Feb. 29	MT
Penske Automotive Group Insider Sold Shares Worth $303,498, According to a Recent SEC Filing	Feb. 20	MT
Penske Automotive Group, Inc. announces an Increase in Equity Buyback.	Feb. 12	CI
Transcript : Penske Automotive Group, Inc., Q4 2023 Earnings Call, Feb 07, 2024	Feb. 07
Tranche Update on Penske Automotive Group, Inc.'s Equity Buyback Plan announced on February 19, 2010.	Feb. 07	CI
Penske Automotive Group's Q4 Earnings Decline, Revenue Rises	Feb. 07	MT
Earnings Flash (PAG) PENSKE AUTOMOTIVE GROUP Posts Q4 Revenue $7.27B, vs. Street Est of $7.19B	Feb. 07	MT
Earnings Flash (PAG) PENSKE AUTOMOTIVE GROUP Reports Q4 EPS $3.45, vs. Street Est of $3.67	Feb. 07	MT
Penske Automotive Group, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	Feb. 07	CI
Penske Automotive Group, Inc. Reports Non Cash Goodwill Impairment Charge for Fourth Quarter of 2023	Feb. 07	CI
North American Morning Briefing : Stock Futures -2-	Feb. 07	DJ
Penske Automotive Group Boosts Quarterly Dividend to $0.87 per Share, Payable March 1 to Shareholders of Record Feb. 15	Jan. 17	MT

Chart Penske Automotive Group, Inc.

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Company Profile

Penske Automotive Group, Inc. is a diversified international transportation services company. The Company is also engaged in automotive and commercial truck retailing. The Company operates dealerships in the United States, the United Kingdom, Canada, Germany, Italy, and Japan and retailers of commercial trucks in North America for freightliner. The Company operates through four segments: Retail Automotive, Retail Commercial Truck, Other, and Non-Automotive Investments. The Retail Automotive segment consists of its retail automotive dealership operations. The Retail Commercial Truck segment consists of its retail commercial truck dealership operations in the United States and Canada. The Other segment consists of its commercial vehicle and power system distribution operations. The Non-Automotive Investments segment consists of its equity method investments in non-automotive operations, which includes its investment in Penske Transportation Solutions (PTS) and various other investments.

Sector

Auto Vehicles, Parts & Service Retailers

Calendar

2024-07-23 - Q2 2024 Earnings Release (Projected)

More about the company

Income Statement Evolution

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Ratings for Penske Automotive Group, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

C+

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

160 USD

Average target price

154.7 USD

Spread / Average Target

-3.31%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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